Figma Shares Indicated To Open $105/$110
SAN FRANCISCO—Bali Eren, the Chief Technology Officer of Udemy , Inc. (NASDAQ:UDMY), recently sold 846 shares of the company’s common stock. This transaction, executed on April 2, 2025, was part of a pre-established Rule 10b5-1 trading plan adopted by Eren in December 2024. The shares were sold at a price of $8.00 each, amounting to a total sale value of $6,768. Following this transaction, Eren holds 2,183,386 shares of Udemy stock.The online education company, currently valued at $1.17 billion, maintains impressive gross profit margins of 62.5% and shows strong financial health with more cash than debt on its balance sheet. According to InvestingPro analysis, the stock appears undervalued at its current price of $7.20, with analysts expecting profitability this year. For comprehensive insider trading analysis and additional insights, investors can access the detailed Pro Research Report available on InvestingPro, which covers over 1,400 US stocks.
In other recent news, Udemy reported fourth-quarter earnings that exceeded analyst expectations, with adjusted earnings per share reaching $0.10, surpassing the consensus of $0.06. The company’s revenue for the quarter was $199.9 million, above the projected $194.71 million, marking a 5% year-over-year increase. Despite these strong results, Udemy’s guidance for the upcoming quarter was softer, with expected revenue between $195 million and $199 million, below the analyst consensus of $201.4 million.
In a leadership shift, Udemy appointed Hugo Sarrazin as its new CEO, succeeding Greg Brown, who will remain as a non-executive advisor until the end of the year. Sarrazin’s appointment aligns with Udemy’s focus on integrating AI into its platform and expanding its global reach. Meanwhile, Cantor Fitzgerald maintained an Overweight rating on Udemy, with a price target of $11, citing strategic product enhancements and the company’s robust financial position.
The firm highlighted Udemy’s agility in course development as a competitive advantage. Udemy’s enterprise segment, Udemy Business, showed significant growth with a 13% year-over-year revenue increase in the fourth quarter, while the consumer segment experienced a 7% decline. The company’s annual revenue for 2024 rose by 8% to $786.6 million, with the enterprise segment growing 18% to $494.5 million.
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